Airbus Seeks Compensation from Germany for Canceled Jet Order

Airbus Group NV is demanding compensation of close to one billion euros from Germany for the cancellation of an order for 37 Eurofighter combat aircraft, a spokesman for the defense ministry said Monday. Handelsblatt reported the plane maker wants 900 million euros ($1.24 billion) in compensation. Germany last week canceled the final tranche of 37 jets that were part of an order for 180 Eurofighters.

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